Need Expert Help?

Get a

FREE Credit Consultation

Our credit experts can tell you if your situation can be fixed and what you can do about it. Call and talk to a credit expert right now.

1-800-608-6543

Or, fill out this form and a credit expert will contact you about what you can do
to fix your credit problems.

You Can Remove HSBC listings From Your Credit

Federal laws give you the right to challenge any item on your credit report that you find is questionable.

You can remove any unfair collection by disputing it with the credit bureau where it is listed. This includes collections, negative items and late payments listed by HSBC listings.

In 1970, Congress passed the Fair Credit Reporting Act that allowed consumers to challenge items on their credit reports they felt were innacurate, misleading, biased, or just unverifiable.

When a dispute letter is sent to the bureaus, it is put through their review process. If the bureaus open an investigation with the creditors, the creditors have 30 days to send proof that the item is accurate and worthy of being on the credit report of the consumer. If they cannot (or will not) provide incontestable proof, then the bureaus are obligated to remove the item.

A “deletion letter” is what you want to get in the mail:

Most consumers who dispute HSBC listingss on their own play a guessing game that the bureaus eventually win.

Unfortunately, a great number of dispute letter requests are deemed “frivolous” – which means the bureau will not open up an investigation with the creditor, and a stall letter is sent back to the consumer.

What are my chances of removing a HSBC listings from my credit report if I dispute it myself?

There are no real good studies to give accurate numbers of what the results are for people disputing their own credit. It’s a guessing game. One statistic to keep in mind is provide by Lexington Law: Over 40% of the people who sign up with Lexington’s services have tried to to repair their credit on their own and have turned to the trusted leaders in credit report repair for help.

If you’re serious about removing your HSBC listings Listing, do yourself a favor and check out Lexington Law. Over 16,000 people are glad they did last year.

Founded in 1865 as “Hongkong and Shanghai Banking Corporation”, HSBC Holdings was established in 1990 as the parent company, in preparation of the sovereign transfer of Hong Kong. HSBC moved its headquarters to England, but its stakes in Hong Kong and Asia are still unrivaled.